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cost savings that can be achieved by using EI instead of CAC regulation. The key saving from EI results from the fact that EI can more easily achieve equal marginal abatement costs across pollution sources. This means that soures which can reduce pollution at a lower cost will reduce pollution more than those sources which would occur higher costs for reducing pollution by the same amount...

cost savings that can be achieved by using EI instead of CAC regulation. The key saving from EI results from the fact that EI can more easily achieve equal marginal abatement costs across pollution sources. This means that soures which can reduce pollution at a lower cost will reduce pollution more than those sources which would occur higher costs for reducing pollution by the same amount...

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